Karen Abudinen, Information and Communications Technologies Minister, reported that, through a resolution, the Colombian Government will reduce taxes on mobile operators and TV channels from 2.2% to 1.9% from next July 1st. ‘With this measure, the Government reduces taxes on mobile operators and TV channels, to protect job positions in the country during quarantine, since [...]
Starting next June 1st, Netflix will increase its monthly subscription value in Chile and Mexico, where their Government established that, from that date, the platform must begin to pay VAT. From next month on, the tax payment l be part of the monthly value paid by each subscriber. The Chilean Government approved this year the [...]
Peru is looking for digital platforms such as Netflix and other global companies to pay taxes for the sales they make in the country, starting next year. Claudia Suarez, Head of the Peruvian Customs and Tax Administration National Superintendence (SUNAT), told Reuters that the initiative could have the country’s Government approval, through an emergency decree. [...]
Ecuadorian deputies agreed to apply tax increases of USD 600 million to Netflix and other OTTs. The measure was approved by 83 votes in favor, 8 against and 37 abstentions, and extends the Value Added Tax (VAT) to international digital platforms. The new law aims to increase revenues with a temporary tax increase for companies [...]
Enrique Yamuni, CEO at Megacable, said that regulations applied to pay TV and audiovisual contents on the internet ‘must be the same’. To his view, there is ‘no equality in our competitors, because digital platforms do not pay taxes’. His statements took place during the fifth edition of the ‘Challenges of competition in the digital [...]
From 2020, Ecuadorian Government analyzes to tax digital platforms, with the aim of raising its tax collection by 1.5% of the Gross Domestic Product (GDP). The proposal, which came up after an agreement with the International Monetary Fund (IMF), will be sent to the National Assembly in order to be discussed and approved in the [...]
Filmmakers from Mexico asked the country’s Deputies Chamber’s Culture and Cinematography Commission that digital platforms such as Netflix and Amazon Prime Video should pay taxes, and that 30% of the content catalog they offer should include Mexican or independent productions. In early April, Mexican’s Finance Minister expressed that OTTs could pay taxes in the country [...]
Finance and Public Credit Ministry’s (SHCP) proposal to impose a tax to OTTs in Mexico from 2020 would also apply for Movistar Play, recently launched in the country. Telefonica wants to intervene in order to avoid being charged a double taxation for these services, because the company already pays a tax for its telephony offer. [...]
United Nations Economic Commission for Latin America and the Caribbean (ECLAC) presented a report that suggests that Peru would collect taxes from Netflix and other apps, and argued that if the measure is implemented, the country could raise more than USD 35 million per year. In its report ‘Fiscal Panorama of Latin America and the Caribbean [...]
Bolivian National Tax Service (SIN), together with Economy and Finance Ministry are preparing a regulatory project for foreighn companies that offer services through OTTs in the country to pay taxes, such as Netflix and Amazon Prime Video. ‘We are working on a standard. We hope to conclude it and take it to the Legislative Assembly’, [...]